Kevin W. Riley - 30 Nov 2022 Form 4 Insider Report for AVID TECHNOLOGY, INC.

Role
Chief Technology Officer & SVP
Signature
/s/ Alessandra Melloni as Attorney-in-Fact for Kevin Riley
Issuer symbol
N/A
Transactions as of
30 Nov 2022
Net transactions value
-$25,609
Form type
4
Filing time
01 Dec 2022, 16:04:33 UTC
Previous filing
19 Sep 2022
Next filing
16 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVID Common Stock Tax liability $25,609 -912 -2% $28.08 44,699 30 Nov 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy tax withholding obligation upon the vesting on November 30, 2022 of 8.34% of the restricted stock units awarded on November 30, 2020. This award includes a provision requiring the withholding of shares by the Issuer to pay the required withholding taxes due on the vesting date.